Michael L. Ashner, Chairman and Chief Executive Officer of Winthrop, said, “Investing in a property of this nature in the Times Square submarket with these experienced partners is an exciting opportunity for Winthrop. We are pleased to again be partnering with New Valley and look forward to our relationship with The Witkoff Group.”About New Valley LLC
New Valley, The Witkoff Group And Winthrop Realty Trust Acquire 701 Seventh Avenue
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